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Political Economy of Government Debt - Symposium : Revised Papers (Hardcover)
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Political Economy of Government Debt - Symposium : Revised Papers (Hardcover)
Series: Contributions to Economic Analysis
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This analysis of the political economy of government debt is
divided into two parts. The first part deals with theoretical
issues. Topics covered include: behavioural aspects; long term debt
strategy; the political economy of redistribution; a model of
intergenerational redistribution; the relationship between social
security and the deficit in the US; the consequences of endogenous
technology; and budgetary and monetary issues related to European
integration. The second part of the volume concerns empirical
applications, including the empirical relevance of the notion of
debt neutrality; the management of the nominal government debt; the
global linkages between interest rates and public debt; functional
finance; some positive theories of government debt; and suggestions
for fiscal indicators.
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